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#61

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Posted 21 November 2003 - 09:33 PM

brian4

"doomed to prosperity" is my expression but I sometimes cynically "skin" an optimistic scenario--I am a card carrying bear--even though I clearly saw the potential for the bear mkt rally back in March03. America is afloat on a sea of debt-Fu Manchu is about to pull the lever on the trap door...Warbucks signals the trusty Punhab to cut the cords to the rope bridge! World financial markets are like a pie crust stretched across the roof of a volacano!

#62 Pee Brain

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Posted 21 November 2003 - 09:51 PM

completely off-topic.

went with my youngest selling advert space for the middle school play. the local and multi-store regional businesses, although perhaps less prosperous, were very recepetive to a $50 advert in the play guide. WMT kicked in and Sams Club apparently wants the whole back page - they generously bought it last season too.

other companies are just mortifying. SBUX basically said no, although they would have donated coffee, except they have committed all their donations for this month. geez, what would 2 lbs of coffee have run them - but, i guess they wanna save the rain forrest anyway - definitely more PC. believe me, ill think twice before swinging into my usual SBUX on my twice weekly drive to l.a.

the asswipe award goes to soup plantation who did not splurge 50 bucks for the ad space, but did donate a coupon for 12 free cookies. TWELVE WHOLE COOKIES (almost 2 bucks if memory serves me correctly).

whats the point? the point is COMMUNITY is reciprocal and it takes a hell of a lot of work to put on a skool play. this may be indicative of a mindset on a much grander scale, although this may be a stretch.

BTW, its great practice for your kids to cold-call on businesses and learn alot about sales, human nature and perserverance.
Iat least we're all safe for now. thank God we're in a bowling alley.

#63 dozer

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Posted 21 November 2003 - 09:52 PM

Any TA or EW types that can suggest an upside target for this micro cap stock?  ARMF (tried to post chart...)

Not very liquid, but has paid a nice 6% dividend over the last 3 years... next to my gold fund it has been my most reliable, however volatile performer:

No. . . but, if you need some help with that snap. . . .


:lol: :lol: :lol:

#64 dozer

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Posted 21 November 2003 - 09:55 PM

"...yet we see no sign of systemic instability..."

:blink:


640, that is just an amazing statement.

i'm dumbstruck :blink:

#65

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Posted 21 November 2003 - 10:04 PM

Weekend lyrics:
(to the tune of American Pie)

A long, long time ago
I can still remember how the market used to make me smile
What I'd do when I had the chance
Is get myself a cash advance
And add another tech stock to the pile.

But Alan Greenspan made me shiver
With every speech that he delivered
Bad news on the rate front
Still I'd take one more punt

I can't remember if I cried
When I heard about the CPI
I lost my fortune and my pride
The day the NASDAQ died

So bye-bye to my piece of the pie
Now I'm gettin' calls for margin
'Cause my cash account's dry
It's just two weeks from a new all-time high
And now we're right back where we were in July
We're right back where we were in July

Did you buy stocks you never heard of?
QCOM at 150 or above?
'Cos George Gilder told you so
Now do you believe in Home Depot?
Can Wal-Mart save your portfolio?
And can you teach me what's a P/E ratio?

Well, I know that you were leveraged too
So you can't just take a long-term view
Your broker shut you down
No more margin could be found

I never worried on the whole way up
Buying dot coms from the back of a pickup truck
But Friday I ran out of luck
It was the day the NAAAASDAQ died

I started singin'
Bye-bye to my piece of the pie
Now I'm gettin' calls for margin
'Cause my cash account's dry
It's just two weeks from a new all-time high
And now we're right back where we were in July
Yeah we're right back where we were in July

He Tchai, that's pretty good! Very funny! I guess I know who will be singing it. . . . no not Perry Como. . . .

Dun McLien

#66 Hiding Bear

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Posted 21 November 2003 - 10:09 PM

LOTSA articles on the Nikkei bubble V.S. our own-Adam Hamilton does a nice job on this one--sorry, I don't have a link cause this comes from Le Metropole-


After the third major rally, which incidentally topped right around the same amount of time after the bubble tops in both Japan and the US, a long grinding downleg commenced in both countries’ respective busts. This is the exceedingly ugly downleg that ended in October 2002 in the States, at a dismal S&P 500 level of 777, almost 50% lower than its bubble top. This major bounce preceding rally 4 happened at week 135 for the Nikkei, week 131 for the S&P 500, and week 133 for the NASDAQ, definitely an eerie parallel!



Then major rally 4 launched. This rally, really a cyclical bull market within a Great Bear since it lasted more than one year in both countries, is the one we are currently experiencing in the United States today. Just as in the US, last decade in Japan it was a totally different type of rally than those that came before it in the Great Bear. It was longer, slower, more powerful, and much more convincing than the first three major rallies. It is this fourth major rally that is of immense interest to American investors and speculators today.

try this link:

Eerie Nikkei-SPX Parallels - Hamilton

#67 dozer

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Posted 21 November 2003 - 10:12 PM

Plunger

I thinkyou mis-in-screwed my point--what you said, we all know-namely that the "700 story paper pyramid" is supported with Herculean efforts--I'm talking about a collapse and a depression. It ain't happened-everything's hunky-dory--been to a mall lately in a near a large megalopolis?


whups....i see plunger already responded to that one :lol:

as far as the trip to the mall...

first; bleahh...

second; i think you're generalizing from a local experience

HALF the US (that's 150 MILLION people) live OUTSIDE the glistening perfection of the modern american mega-warren.

conditions in Yreka do not mirror those in la-la land.


thank frickin god... :ph34r:

#68 chiefywiefy

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Posted 21 November 2003 - 10:15 PM

completely off-topic.

went with my youngest selling advert space for the middle school play. the local and multi-store regional businesses, although perhaps less prosperous, were very recepetive to a $50 advert in the play guide. WMT kicked in and Sams Club apparently wants the whole back page - they generously bought it last season too.

other companies are just mortifying. SBUX basically said no, although they would have donated coffee, except they have committed all their donations for this month. geez, what would 2 lbs of coffee have run them - but, i guess they wanna save the rain forrest anyway - definitely more PC. believe me, ill think twice before swinging into my usual SBUX on my twice weekly drive to l.a.

the asswipe award goes to soup plantation who did not splurge 50 bucks for the ad space, but did donate a coupon for 12 free cookies. TWELVE WHOLE COOKIES (almost 2 bucks if memory serves me correctly).

whats the point. the point is COMMUNITY is reciprocal and it takes a hell of a lot of work to put on a skool play. BTW, its great practice for your kids to cold-call on businesses and learn alot about sales, human nature and perserverance.

WMT and Sam's in our area have always donated to our various youth charities everytime we have approached them and are without question the best area corporate sponsor around. Panera bread also. We require our kids (high school) to get an advertising or donating sponsor or to kick in the cash ($35) themselves to keep the program going. Most family owned businesses that serve these youths donate also. We have no Starbucks, yet. It takes a lot of work to put on anything when working with kids, but compare that to what happens when it takes no work to put on nothing.

#69 rayok

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Posted 21 November 2003 - 10:22 PM

Mr. Cramer is a funny guy. Barrick, the company that hedged and profited through the gold bear market, now chooses to stop hedging, and he thinks they're always wrong. Hahahahahahahahahahahaha!!!!! :P

"My partner on my television show, Larry Kudlow, thinks that gold, the metal, has run too far, too fast, and should be shorted.

I just got a piece of evidence that says he is right: Barrick Gold (ABX:NYSE - commentary - research), which hedged gold throughout the dramatic run to $400, has just stopped hedging, according to an interview at a Euromoney-World Gold Council conference.

You couldn't have been more wrong with that ABX the whole way up. Does it stand to reason that now that the company at last no longer is hedging out the upside, that the upside must be through?

I have made a living betting against people and companies that are always wrong. Barrick Gold is always wrong.

Short gold. "

TheStreet.com

Hysterically WRONG!!

#70 dozer

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Posted 21 November 2003 - 10:22 PM

ha ha ha

i'm laughing at meself.

i get to the very next post, and the trip-to-the-mall was VERY well addressed already too. :lol:

ok, ok, i'll get fully caught up before saying anything else! :lol: :lol: :lol:

b4, right on.

tchai; LMAO....really well done! i even started singing it to myself... :o :P

#71 martialcomp

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Posted 21 November 2003 - 10:34 PM

With all due respect GTN

YOU ALWAYS SAY IT'S NOT TIME YET!!

I know the online Guru's have been wrong all year, but they sure seem to be on the mark this time.

Gold is going up and will probably continue to move up as the dollar comes down. .80 on the dollar wouldn't surprise me one bit.

#72 brian4

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Posted 21 November 2003 - 10:48 PM

Tchai-two thumbs up if I had a 3rd you'd get it too-well Done! trade safe!

#73 lucy

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Posted 21 November 2003 - 10:50 PM

Excellent Tchai, Excellent!!!! :P :P :P :P
lucy

#74 Brisbane Bear

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Posted 21 November 2003 - 10:51 PM

Pee brain,

I call that the other peoples money syndrome....do know how many requests i get daily for money,it doesnt seem like much money a $20 here or a $50 there,but it is,every school or charity within 5 miles of my business seeks donations everyday of the week,they literally tie up our phones...usually play on conscience by saying we are raising money for the kiddies...yada,yada,yada....here in OZ,these organisations are run like businesses,professionals beggars virtually,i reckon if your kids are in a play the parents should cough up $50 each...i happily pay for my kids,just sick of everyone else wanting others to pay for theirs and getting all uppity when they wont.

#75 depends

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Posted 21 November 2003 - 10:53 PM

This chart is uglier than jocko's nose and the slope is the same.

My shorts did good today, except for freddie FRE the bastid - but I added to my position at the spike top and am now ahead on that trade. fortunately I had MRK which I covered at the bottom and then reversed to get another quarter before closing out. That was fun. :D

Small day, thinned the port some.

5 dongs / 2 golds / 7 shorts





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